Alisdair Faulkner, Chief Products Officer, to Participate in a Panel on Strategies for Combatting Payment Fraud Using Enhanced Tools and Technology
San Jose, CA – February 25, 2015 – ThreatMetrix®, the fastest-growing provider of context-based security and advanced fraud prevention solutions, today announced it is speaking and exhibiting at the BAI Payments Connect Conference, March 2-4 at Phoenix Convention Center West Building in Phoenix, Ariz.
BAI Payments Connect Conference is a one-of-a-kind event that focuses on helping companies keep pace with and adapt to today’s fast-track complex payments space. More than 700 innovative payments professionals and solution providers will converge to focus on current issues, challenges and opportunities in the payments space. Participants can attend expos, demo sessions and the second-annual digital day, which will focus on how to take a business into the digital world. This year, attendees will have the opportunity to vote for their favorite, most innovative demo presentation, and the organization with the most votes will be the BAI Payments Innovation Track Award winner.
ThreatMetrix will exhibit its context-based security solutions at booth 301, giving attendees an opportunity to view its alternatives to outdated legacy-based customer authentication solutions. Additionally, Faulkner will participate in a panel discussion on Tuesday, March 3 from 9:45 a.m. – 10:45 a.m. MST in room 106A, focusing on “Combatting Payment Fraud through Enhanced Tools and Technology,” alongside several noted payments industry security experts.
”Payments professionals work solely in the transfer of money, meaning their business is one of the biggest targets for cybercriminals,” said Faulkner. “Unfortunately, many businesses within the industry rely on security solutions that create friction by authenticating returning customers and failing to recognize them based on minor changes in their environment – such clearing their cookies or changing browsers, for example. At the BAI Conference, attendees will learn about ThreatMetrix’s context-based authentication capabilities, which offer secure, cost effective and frictionless user access for the payments industry through real-time behavior and contextual analytics derived from analyzing billions of global transactions.”
ThreatMetrix recently began an initiative to offer alternatives to outdated authentication solutions for banks and financial institutions that includes solutions for financial services institutions to provide frictionless customer logins that decrease operational costs and improve cybercrime detection. The goal of many online and mobile banking institutions is to ensure a top-notch customer experience and increase revenue. ThreatMetrix’s growing shared global intelligence network delivers secure, accurate authentication in real time to reduce user friction and ensure a high-level of customer satisfaction.
“The payments industry is booming right now, mobile transactions are doubling year over year and our focus is to support this growth with transparent fraud solutions that don’t interfere with business,” said Faulkner. “ThreatMetrix is committed to rapid evolution in order to keep pace with the industry by leveraging a collective approach to cybersecurity to combat payment fraud. I am very excited to discuss the growth and success of our global shared network with BAI attendees at this year’s conference.”
ThreatMetrix authenticates customer payments using real-time identity and access analytics that leverage the power of the ThreatMetrix® Global Trust Intelligence Network (The Network), the world’s largest shared intelligence network. The solution protects financial Web and mobile applications against account takeover, payment fraud, and fraudulent account registrations as a result of stolen credentials obtained from malware, social engineering, phishing and data breaches.
For more information on the BAI Payments Connect Conference, click here.
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ThreatMetrix builds trust on the Internet by offering market-leading advanced fraud prevention and frictionless context-based security solutions. These solutions authenticate consumer and workforce access to mission critical applications using real-time identity and access analytics that leverage the world’s largest trusted identity network.
ThreatMetrix secures enterprise applications against account takeover, payment fraud, fraudulent account registrations resulting from malware, and data breaches. Underpinning the solution is the ThreatMetrix® Global Trust Intelligence Network, which analyzes over 850 million monthly web and mobile transactions protecting more than 210 million active user accounts across 3,000 customers and 15,000 websites and mobile applications.
The ThreatMetrix solution is deployed across a variety of industries, including financial services, enterprise, e-commerce, payments, social networks, government and insurance.
For more information, visit www.threatmetrix.com or call 1-408-200-5755.
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